The Week In Facts #86
Welcome to the latest edition of our newsletter, where we explore the forefront of innovation across various industries.
This issue takes you on a journey through the evolving landscapes of mobility, digital product passports, NFTs, luxury, AI, and fashion.
From groundbreaking digital technologies transforming the automotive sector to the intersection of sustainability and legislation reshaping the fashion industry, we delve into the trends and developments that are setting the pace for the future.
Join us as we uncover the impact of NFTs in sports, the allure of luxury in the digital age, the debate surrounding AI's hype, and the creative fusion of technology and style in fashion.
Get ready to be inspired by the innovations driving change and shaping our world.
Newsletter Outline
Topic: Mobility
Digital Innovations Drive Smart and Sustainable Cars of the Future
Source: Euronews
The IAA Mobility event in Munich showcased the latest digital tech trends propelling the motor industry towards a smarter and more sustainable future. With a focus on "smart and sustainable" mobility, industry giants and tech companies like LG and Samsung presented innovations in electric cars, connectivity, 5G, and cloud technologies. Sekisui, a Japanese company known for its contributions to the automotive market, highlighted advancements in glass technology for vehicles, including touch-switchable privacy glass and integrated mobile access. The event also spotlighted the latest in-car information technologies, such as next-generation displays across entire windscreens, enhancing navigation and entertainment. These developments underscore the industry's commitment to reducing emissions, improving safety, and enhancing passenger experience through digital innovation.
Hashtag: #FutureOfMobilityTech
Topic: Digital Product Passport
The Tipping Point: Fashion’s Critical Crossroads with Legislation and Sustainability
Source: FashNerd
The fashion industry is at a pivotal moment, facing the dual challenges of adapting to new sustainability legislation and embracing the circular economy. In a discussion led by Lisa Lang of EIT Climate-KIC and Fredrik Timour of the Fashion Innovation Center, the urgency for the fashion industry to evolve beyond traditional practices was emphasized. The introduction of the Digital Product Passport (DPP) is a key legislative measure aimed at promoting transparency and accountability in the fashion supply chain. This initiative requires detailed records of each product's journey, encouraging sustainable practices and informed consumer choices. The conversation highlighted the need for the fashion industry to actively seek innovative solutions, embrace digital technologies, and foster collaboration to meet sustainability goals. The DPP is seen as a catalyst for change, pushing the industry towards a more sustainable and ethical future.
Hashtag: #FashionSustainabilityLegislation
Topic: NFT
Mastercard's UEFA Champions League Game Lets Cardholders Win Tickets via NFT Pass
Source: Decrypt
领英推荐
Mastercard has introduced an NFT-powered soccer trivia game for the 2023/2024 UEFA Champions League tournament, allowing fans to win match tickets by showcasing their league knowledge. The game, starting February 13, occurs 30 minutes before Tuesday night UEFA Champions League matches. Participants can collect branded NFT passes on Mastercard’s "Pass to Priceless" platform, minted on the Polygon network. Players answer trivia about the Champions League's history and statistics, with winners earning match tickets and climbing a season-long leaderboard. The top player by the April 30 semi-finals wins tickets to the final at Wembley Stadium in London. The initiative, developed with crypto payments firm MoonPay, marks Mastercard's venture into leveraging Web3 for fan engagement, celebrating its 30-year partnership with the UEFA Champions League.
Hashtag: #MastercardNFTGame
Topic: Luxury
Magic Eden Launches Cross-Chain Rewards Program and Retro Diamond Drop
Source: Decrypt
Magic Eden, a leading NFT marketplace, has introduced a cross-chain rewards program to incentivize trading across Solana, Bitcoin, Ethereum, and Polygon. This program allows users to earn "Diamonds," a form of points, for buying, listing, or placing collection offers on NFTs. Additionally, Magic Eden announced a collaboration with Non-Fungible DAO to open-source its minting and trading protocols, alongside launching a token called "NFT" to further reward traders. The "Retro Diamond Drop" rewards Solana NFT traders active since September 2021, offering a unique opportunity to claim Diamonds based on their trading activity. This initiative aims to enhance user engagement and reward loyalty within the Magic Eden ecosystem.
Hashtag: #MagicEdenRewardsProgram
Topic: AI
Amazon Web Service Boss Calls AI Businesses ‘Massively Overhyped‘
Source: Decrypt
Adam Selipsky, CEO of Amazon Web Services (AWS), has expressed skepticism about the current hype surrounding artificial intelligence, drawing parallels to the dot-com bubble of the 1990s. While acknowledging the transformative potential of AI, Selipsky warns that some AI companies may be overvalued, similar to early internet companies. Despite his cautious outlook, AWS continues to profit from the AI boom by providing essential cloud computing services to AI developers. OpenAI's COO, Brad Lightcap, and Stability AI's CEO, Emad Mostaque, share Selipsky's view, suggesting the AI industry could be heading towards a significant bubble. Amazon's involvement in AI extends beyond infrastructure sales; the tech giant is investing in AI startups and developing its own AI products, indicating a belief in AI's long-term impact despite potential market overvaluations.
Hashtag: #AIHypeWarning
Topic: Fashion
Exclusive: Gmoney Talks New 9dcc Collection Ahead of Paris Reveal
Source: nft now
Web3 fashion house 9dcc, led by founder and investor gmoney, is set to unveil a new collection of NFC-enabled, on-chain products at Paris Fashion Week and NFT Paris.
This expansion, recognized as “Phygital Brand of the Year” at the Phygicode Impact Awards during Davos 2024, will increase 9dcc's catalog from 4,500 items to over 20,000 products.
The collection features blockchain-linked NFC chips in each item, offering owners exclusive games and the ability to create personalized POAPs. Gmoney discussed the significance of the $1,000,000 loan against his iconic Ape CryptoPunk and the importance of demonstrating NFTs' value.
The new collection aims to cater to Web3 enthusiasts and establish a unifying style identity for 9dcc, blending digital and physical experiences in luxury fashion.
Hashtag: #9dccParisReveal